Golem XIV - Thoughts

I was going to say shit storm but thought better of it. But there is one and Dexia, which I wrote about just a few days ago, is at the cen...

There were so many rumours, claims and denials this weekend you could not see the iceberg for the fog. Greece was rumoured to be about to ...

Illustration Steve Finney The stock price charts of the major banks look like the brain trace of man having a series of violent seizures wh...

I have agonized over this for ages but decided it was time to do it.  If we can bail out the banks I thought we might be able to bail out so...

I realize that this is far more political than most of what I write but I have written about the politics of Libya and of Qatar before so I ...

Earlier today Josef Ackerman the pugnacious CEO of Deutsche bank, speaking at a banking conference in Frankfurt said, "Numerous Europ...

Significant pieces of news from Italy, the current epicentre of the ongoing European financial landslide. First Reuters says , Italian ec...

Sometimes the absurdity of European events transcends all. Do you remember when Greece and its debt first hit the headlines when it was re...

A short piece in Alphaville that I just came across caught my eye today: “[Beware] the rise of the collateral swap. Also known as a long-d...